Wakhan Properties
Dubai Real Estate Market Review 18-Aug-2026
Market News

Dubai Real Estate Market Review 18-Aug-2026

Dubai’s real estate market recorded AED1,280.46 million in transactions on 17 August 2026. Off-plan properties generated AED883.62 million, contributing 69.0% of total value, while ready properties accounted for AED396.84 million, or 31.0%. Off-plan activity exceeded ready-market transactions by approximately AED486.78 million. Land transactions reached AED592.28 million during the day.

Meerim Spruill
Meerim Spruill
August 18, 2026
Market News

Off-Plan Market Performance

Total Value: AED883.62 million
Share of Total Market: 69.0%

Flats overwhelmingly dominated off-plan activity, generating 83.6% of the segment’s total value. Villas represented a further 12.4%, while commercial properties contributed 3.0% and hotel apartments and rooms accounted for just 1.1%.

Ready Market Performance

Total Value: AED396.84 million
Share of Total Market: 31.0%

Flats also led the ready market, accounting for 71.7% of transaction value. Villas contributed 19.9%, while hotel apartments and rooms represented 5.9%. Commercial properties were the smallest component at 2.4%.

Market Insights & Outlook

Apartments remained the market’s principal driver, generating a combined AED1,023.12 million across off-plan and ready properties, equivalent to 79.9% of total transaction value.

The day was particularly concentrated in the off-plan segment, which captured more than two-thirds of activity and was itself heavily driven by apartment transactions. Villas remained the clear second-largest category in both segments, although their contribution was considerably stronger within the ready market.

Overall, 17 August reflected a market firmly led by off-plan apartment demand, while ready properties continued to attract meaningful activity across apartments and villas. The additional AED592.28 million in land transactions further highlighted the breadth of capital moving through Dubai’s real estate market.

Data Source: Dubai Land Department

Only freehold transactions are included

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